Welcome to the Business Journal Archives
Search for articles below, or continue to the all new BusinessJournalDaily.com now.
Search
US Petroleum Exploration to Announce Operations
CANFIELD, Ohio -- A new company, US Petroleum Exploration Inc., plans to cut the ribbon today for its new offices at 4137 Boardman-Canfield Road. The company is focused “on exploring for hydrocarbons for the oil and gas industry in the most environmentally friendly way possible,” says a media advisory distributed by the Youngstown/Warren Regional Chamber.
The company’s chief financial officer is Anthony Amatore, a native of the Mahonign Valley, according to the chamber. States the media advisory, the company is attempting to “[eliminate] the use of water during the fracking process, which would eliminate the need to dispose of brine water.’
The chamber advisory says the company’s owners are from Canada as well as the Mahoning Valley, and they “chose to locate in the Mahoning Valley because the believe the Valley is the epicenter of the drilling industry in Ohio and Pennsylvania.”
The advisory directs reporters to the company’s website, which as of this posting remains under construction.
Published by The Business Journal, Youngstown, Ohio.
CLICK HERE to subscribe to our free daily email headlines and to our twice-monthly print edition.